US and Asia allies push for new panel to monitor North Korea sanctions
By Hyonhee Shin SEOUL (Reuters) – The U.S., South Korea and Japan are pushing for a new multi-national panel of experts, possibly outside the U.N., to ensure sanctions enforcement against North Korea…
South Korea consumer sentiment extends gains, inflation expectations flat
SEOUL (Reuters) – Consumer sentiment in South Korea ticked further up in June to the highest in just over a year, while inflation expectations remained unchanged, a central bank survey showed on…
North Korea says U.S. has ‘sinister intention’ in rejoining UNESCO
SEOUL (Reuters) – North Korea criticised on Tuesday the U.S. plan to rejoin the U.N. cultural agency UNESCO as a “sinister” move to use an international organisation for the purpose of “realizing…
South Korea, U.S. agree to step up cyber security cooperation at high-level meeting
SEOUL (Reuters) – South Korea and the United States agreed to step up cooperation on cyber security after holding a high-level meeting on the issue in Washington, South Korea’s presidential office said…
US-Made Air Defense System Cleared To Deploy In South Korea, Angering China
US-Made Air Defense System Cleared To Deploy In South Korea, Angering China Micaela Burrow on June 21, 2023 A powerful U.S.-made missile defense system cleared a review that stalled its deployment in…
YouTube to launch its first official shopping channel in South Korea -Yonhap
SEOUL (Reuters) -YouTube will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap news agency reported on Wednesday. South Korea already has a booming live-streaming…
North Korea criticises Blinken’s China visit as ‘begging trip’
SEOUL (Reuters) – North Korea on Wednesday criticised U.S. Secretary of State Anthony Blinken’s recent visit to Beijing as a “begging trip” to ease tensions in what it called a policy failure…
South Korea producer inflation slowest in almost 2-1/2 years
SEOUL (Reuters) – South Korea’s producer inflation slowed in May to its weakest pace in nearly 2-1/2 years, central bank data showed on Wednesday, due mostly to weaker oil prices. The producer…
South Korea to gradually normalise regulations on banks from H2
SEOUL (Reuters) – South Korea will gradually unwind relaxed regulations on banks from the second half of this year, the country’s financial regulator said on Tuesday. In a statement, the Financial Services…
North Korea starts key party meeting to discuss defence strategy – KCNA
SEOUL (Reuters) – North Korea convened a key party meeting to decide its diplomatic and defence strategy “to cope with the changed international situation”, with leader Kim Jong Un attending, state media…
U.S., Japan, Philippines discuss S China sea, North Korea
WASHINGTON (Reuters) – The national security advisers of the United States, Japan and the Philippines on Friday discussed regional security issues and ways to strengthen the trilateral alliance, they said in a…
South Korea, U.S. to hold high-level meeting on cyber security
SEOUL (Reuters) – South Korea and the United States will hold a high-level meeting on cyber security in Washington on June 20, the presidential office in Seoul said on Friday. The meeting…
North Korea fires two short-range missiles after warning of response to allied drills
SEOUL (Reuters) – North Korea fired two short-range missiles off its east coast on Thursday, South Korea’s military said, less than an hour after Pyongyang warned of an “inevitable” response to military…
Bank of Korea board members: Too early to be complacent on inflation
SEOUL (Reuters) – Most Bank of Korea monetary policy board members said at their latest policy meeting on May 25 it was not yet time to be complacent over slowing inflation, minutes…
U.S. concerned North Korea planning to deliver more weapons to Russia
WASHINGTON (Reuters) – The United States is concerned that North Korea is planning to deliver more weapons to Russia, a U.S. State Department spokesperson said on Monday after North Korean leader Kim…
South Korea revised Q1 GDP +0.3% q/q, unchanged from earlier estimate
SEOUL (Reuters) – South Korea’s economy grew 0.3% in the first quarter from the previous quarter, revised central bank data showed on Friday, matching its earlier estimate in April. The expansion in…
North Korea Confirms Fate Of Spy Satellite Meant To Spy On US Military
North Korea Confirms Fate Of Spy Satellite Meant To Spy On US Military Micaela Burrow on May 31, 2023 A projectile that triggered an evacuation scare in Seoul and plunged into waters…
South Korea factory activity slumps into longest downtrend since early 2009 – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for an 11th consecutive month in May, slumping into its longest downtrend in 14 years, a survey showed on Thursday, as a slowing global…
South Korea uses AI to measure North Korean leader’s weight, lawmaker says
By Soo-hyang Choi SEOUL (Reuters) – North Korean leader Kim Jong Un is believed to weigh over 140 kg (308 lb) according to an artificial intelligence (AI) estimate, a South Korean lawmaker…
North Korea Announces Plans To Launch First Military Satellite To Spy On ‘The US And Its Vassal Forces’
North Korea Announces Plans To Launch First Military Satellite To Spy On ‘The US And Its Vassal Forces’ Micaela Burrow on May 30, 2023 North Korea will launch its first military satellite…
South Korea, Australia agree to step up defence cooperation
SEOUL (Reuters) -South Korea and Australia’s defence chiefs agreed on Tuesday to step up defence cooperation, South Korea’s defence ministry said. Korean Defence Minister Lee Jong-sup met his Australian counterpart Richard Marles…
South Korea cuts tariffs on food imports to ease living costs
SEOUL (Reuters) – South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people’s living costs, the finance ministry said on Tuesday. The…
North Korea to hold key ruling party meeting in early June
SEOUL (Reuters) – North Korea’s ruling party will hold a key meeting in early June to review the country’s economic plans, state media KCNA reported on Monday. The meeting will review the…
Pacific islands, in spotlight, to push climate change in South Korea summit
By Kirsty Needham SYDNEY (Reuters) – Pacific island leaders will meet South Korea’s President Yoon Suk Yeol in Seoul on Monday, their third summit in a week with a large economy as…
North Korea media slams missile warning pact between Seoul, US, Japan
SEOUL (Reuters) – North Korean media criticised on Thursday plans by South Korea, the United States and Japan to share real-time data on Pyongyang’s missile launches, describing the trio as discussing “sinister…
Marketmind: U.S. default risk clouds Korea, Indonesia rate decisions
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks of South Korea and Indonesia announce interest rate decisions on Thursday, against…
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